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is general equilibrum in trade
I am writing a paper on dependancy theory in Ghana and I am having trouble understanding the basics of peripheral capitalism.
The Source of Comparative Advantage can be understood as follows: The source of comparative advantage could be productivity differential (Ricardo) or differences in the factor
suppose that France has a trade surplus with the united kingdom, what would you expect to happen to price,wages, and commodity price in France? why? what would happen to the terms
Explain about constant,increasing and decreasing opportunity cost
Q. Explain the Law of One Price. Give an example. Answer: The law of one price affirms that in competitive markets free of transportation costs and trade barriers ide
Q. The United States seems at times to have a totally schizophrenic attitude toward protectionism. The United States was the country that proposed the establishment of the World
describe the U.S role in the world economy
Explain the law of demand. Briefly discussed the exception to the law of demand
draw diagram of price leadership model
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